For the Three Months Ended

March 31, 2020

March 31, 2019

Number of shares on which basic earnings per share is calculated:

Weighted-average shares outstanding during period

887,969,345

889,581,542

Add — Incremental shares under stock-based compensation plans

5,740,415

3,372,460

Add — Incremental shares associated with contingently issuable shares

1,329,477

956,524

Number of shares on which diluted earnings per share is calculated

895,039,238

893,910,526

Income from continuing operations (millions)

$

1,176

$

1,593

Income/(loss) from discontinued operations, net of tax (millions)

(1)

(2)

Net income on which basic earnings per share is calculated (millions)

$

1,175

$

1,591

Income from continuing operations (millions)

$

1,176

$

1,593

Net income applicable to contingently issuable shares (millions)

(2)

—

Income from continuing operations on which diluted earnings per share is calculated (millions)

$

1,174

$

1,593

Income/(loss) from discontinued operations, net of tax, on which basic and diluted earnings per share is calculated (millions)

(1)

(2)

Net income on which diluted earnings per share is calculated (millions)

$

1,173

$

1,591

Earnings/(loss) per share of common stock:

Assuming dilution

Continuing operations

$

1.31

$

1.78

Discontinued operations

0.00

Total

$

1.31

$

1.78

Basic

Continuing operations

$

1.32

$

1.79

Discontinued operations

0.00

Total

$

1.32

$

1.79